USDJPY 4HR - Third bounce off key resistance level at 107.00

Short

U.S. Dollar / Japanese Yen (FX:USDJPY)

FX:USDJPY U.S. Dollar / Japanese Yen

Support and Resistance Fibonacci Moving Averages USDJPY

supportandresistance fibonacci movingaverage usdjpy

USDJPY
Strong resistance zone at weekly R1 and 200EMA level at 107.00 that has been hit twice in the last two weeks, expecting re-trace to R1 before a downward continuation.

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